The European champions made the Colombia international their principle transfer target on the back of the 23-year-old's stellar performances for his country at this summer's World Cup in Brazil, with the attacking midfielder winning the Golden Boot after netting six times in just five games.

James will now be presented to the press and Madrid fans on Tuesday, with the construction of a special stage for the ceremony at the Bernabeu already well under way.

The club has also confirmed on its website that the official stadium tour will not follow the usual route on the morning of June 22 as the Presidential Balcony, where Madrid signings usually make their first appearance, will be off limits to the public.

Meanwhile, the Liga outfit is also still hoping to persuade Monaco to part company with another Colombia international, Radamel Falcao.